What is the price of bitcoin in August 2012
By the end of July 2020, bitcoin is now 98 yuan
the bitcoin address and private key appear in pairs, and their relationship is just like the bank card number and password. A bitcoin address is like a bank card number, which records how much bitcoin you have on it. You can generate bitcoin address at will to store bitcoin. When each bitcoin address is generated, a corresponding private key of the address will be generated
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whenever bitcoin comes into the view of mainstream media, mainstream media always ask some mainstream economists to analyze bitcoin. Earlier, these analyses always focused on whether bitcoin was a scam. Now the analysis is always focused on whether bitcoin can become the mainstream currency in the future. The focus of the debate is often on the deflationary nature of bitcoin
many bitcoin players are attracted by the fact that bitcoin can not be issued at will. The attitude of bitcoin players is quite the opposite, and the attitude of economists is polarized compared with the fixed amount of 21 million bitcoin
Strictly speaking, there is no issue price for bitcoin. In 2010, a programmer bought a pizza with 10000 bitcoins, the first bitcoin deal
bitcoin does not rely on a specific monetary institution. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money circulation
the decentralized feature and algorithm of P2P can ensure that it is impossible to artificially control the value of bitcoin by mass manufacturing. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity
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principle
starting from the essence of bitcoin, the essence of bitcoin is actually the special solution generated by a bunch of complex algorithms. A special solution is one of the finite solutions of a system of equations. Every particular solution can solve the equation and is unique. In the metaphor of banknotes, bitcoin is the number of the top word of a banknote. If you know the number of the top word on a banknote, you have the banknote
and the process of mining is to constantly seek the special solutions of the equations through huge amount of calculation. The equations are designed to have only 21 million special solutions, so the upper limit of bitcoin is 21 million
to mine bitcoin, you can download the special bitcoin computing tools, register various cooperation websites, fill the registered user name and password into the computing program, and then click the operation to officially start. After completing the installation of bitcoin client, you can directly obtain a bitcoin address. When others pay, you only need to paste the address to others, and you can pay through the same client
after installing the bitcoin client, it will assign a private key and a public key. You need to back up the wallet data containing your private key to ensure that your property is not lost. Unfortunately, if the hard disk is completely formatted, personal bitcoin will be completely lost
network bitcoin
from 2010 to the beginning of 2012, few people knew about it, only some game players and geeks were playing it, and the number of domestic players began to increase in the second half of 2012. At that time, it was still the era of pyrograph card mining. At the beginning of 2013, the ASIC miner was born. Avalon delivered the world's first ASIC miner, and roasted cat issued the power stock
in April 2013, Avalon gave up the sales of the whole miner and opened up all miner design solutions except chip accidents. For a time, miner manufacturers emerged like spring training after rain
since August 2013, the positive reports of bitcoin in domestic media have been increasing, and the number of people who pay attention to bitcoin has also increased rapidly. The network index once reached more than 300000, and the price of bitcoin has been rising to about 8000 yuan. However, after the announcement of the central bank in December, the price of bitcoin began to fall all the way
in 2014, Avalon project developed a "variable computing power cluster system", and the price of bitcoin rose slowly in twists and turns.
According to plan B's model, after halving in 2020, the market value of bitcoin will reach $1 trillion, in other words, the price of each bitcoin will be $55000
Plan B, a famous encryption analyst, uses his S2F model to show the impact of bitcoin halving on the price. At present, bitcoin's S2F is 25, but it will halve to 50 in a few months, which is closer to the value of gold inventory flow
the parabola super rising trend model of bitcoin is closely related to the inventory flow analysis model of plan B. Although many investors are opposed to the idea of a parabolic rise, since Marti Malmi sold the first bitcoin in legal tender in 2009, bitcoin has grown by 2232111011.11% and reached an all-time high of $20000 in 2017< br />
ten years from now, the price of bitcoin is unknown On June 26, the price of bitcoin broke through US $12000, a 17 month high since January last year. In the morning of June 27, the price of bitcoin was close to $14000, reaching a new high of the year
therefore, the future price trend of bitcoin is uncontrollable
4, low transaction costs:
bitcoin can be remitted free of charge, but in the end, a transaction fee of about 1 bit will be charged for each transaction to ensure faster transaction execution
About 400 percent
when bitcoin first appeared in 2009, one dollar could buy almost 1300 bitcoins. Before April 2011, the price of each bitcoin was always below $1. In June 2011, the highest price of bitcoin rose to $30. Then, the price almost fell within a week. In 2012, the price of bitcoin once fell below $2
further dropped to $114 on January 14, 2015. Since then, bitcoin has begun to rise again. In 2017, after the bitcoin ETF fund was rejected by the US Securities Regulatory Commission, bitcoin plummeted by $315 to below $1000. After that, it rose again. In the first four months of this year, the price of bitcoin and an ounce of gold were almost equal
However, with the strong rise of bitcoin in this round, the price of bitcoin has exceeded the price of an ounce of gold. On April 26, the price of bitcoin was $1282.97, compared with $1264 for an ounce of gold. Bitcoin has surpassed gold in price
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in 2016, there were dozens of bitcoin exchanges in the world, and the trading volume of bitcoin in most countries and regions increased sharply. Among the countries and regions with the highest growth rate, the trading volume of bitcoin in Japan is second only to China, ranking second in the world; The local bitcoin trading volume in Venezuela increased by more than 913%
South Korea has become the sixth largest bitcoin trading market in the world, Korean people can buy bitcoin from a large number of convenience stores, and korbit's trading volume currently accounts for 70% of the South Korean market; Local bitcoin transactions in Colombia increased by about 370%; Bitcoin markets in Malaysia, Russia and Australia are also developing rapidly. Bitcoin trading in China once accounted for more than 80% of the global trading volume
According to chain express, the highest value is about $20000